SPECIAL FOCUS: New Banks on the Block
 
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Banks

Solidarity 'disappointed' after meeting with Discovery over empowerment shares

Nov 26 2018 20:45

Trade Union Solidarity says Discovery has rejected its plea to reconsider its 10% share allocation to black people, in the new bank launched by the health and financial services giant this month.

Banks

Discovery to give better banking rates to smartest clients

Nov 15 2018 10:13

Discovery’s new banking unit will reward customers for their 'good' behaviour, applying a similar strategy to that used by its health-insurance operation.

Banks

Fast, cheap and tech-focused: TymeDigital to target banking’s 'underserved'

Nov 14 2018 12:41

TymeDigital is holding its cards close to its chest following the August announcement that Patrice Motsepe’s African Rainbow Capital (ARC) would become its 100% owner.

Banks

Postbank: State bank in the making singles out customers at the bottom of the pyramid

Nov 14 2018 12:41

With double the required amount of capital in hand, Postbank says it’s ready to be a fully fledged bank, able to offer loans to a largely ignored market segment.

Banks

African Bank bets on 'near-free' family banking

Nov 14 2018 12:42

African Bank believes it will be able to compete with the Big Five banks once its MyWORLD cheque account is launched to consumers early next year.

Banks

App-driven Bank Zero sets its sights on (almost) anyone with a smartphone

Nov 14 2018 12:43

Business customers and individuals with access to a smartphone will be equally important to the app-driven Bank Zero Mutual Bank, which is set to launch next year.

Inside Fin24.com

 
Banks

SA banks can do more to provide access, be competitive

Nov 13 2018 20:37

As the new Discovery Bank hits the market on Wednesday and four more newcomers ramp up operations, a recent World Bank report has found that South African banks can do more to provide access to financial services and to be more competitive.

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